Cubist Systematic Strategies LLC Makes New $7.90 Million Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cubist Systematic Strategies LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, HoldingsChannel reports. The firm bought 50,780 shares of the exchange traded fund’s stock, valued at approximately $7,896,000.

A number of other large investors have also recently added to or reduced their stakes in IWM. Rhumbline Advisers lifted its holdings in iShares Russell 2000 ETF by 7.1% during the 1st quarter. Rhumbline Advisers now owns 28,392 shares of the exchange traded fund’s stock worth $4,347,000 after buying an additional 1,884 shares during the last quarter. Cornerstone Advisors Inc. raised its position in shares of iShares Russell 2000 ETF by 1.9% during the 1st quarter. Cornerstone Advisors Inc. now owns 4,647 shares of the exchange traded fund’s stock worth $711,000 after purchasing an additional 88 shares during the period. California Public Employees Retirement System raised its position in shares of iShares Russell 2000 ETF by 3.3% during the 1st quarter. California Public Employees Retirement System now owns 15,937 shares of the exchange traded fund’s stock worth $2,440,000 after purchasing an additional 510 shares during the period. American International Group Inc. raised its position in shares of iShares Russell 2000 ETF by 40.5% during the 1st quarter. American International Group Inc. now owns 32,614 shares of the exchange traded fund’s stock worth $4,993,000 after purchasing an additional 9,400 shares during the period. Finally, Cedar Capital LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $13,617,000.

Shares of iShares Russell 2000 ETF stock traded down $0.33 on Friday, reaching $155.43. 21,972,296 shares of the company were exchanged, compared to its average volume of 20,844,148. The company’s 50-day moving average is $150.63 and its two-hundred day moving average is $153.40. iShares Russell 2000 ETF has a 1-year low of $125.81 and a 1-year high of $171.82.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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